1st Mar 2017 11:04
GCP Student Living Plc - Total Voting RightsGCP Student Living Plc - Total Voting Rights
PR Newswire
London, March 1
GCP Student Living plc (the “Company”)
Total Voting Rights
In conformity with the provisions of the FCA's Disclosure Guidance and Transparency Rules, the Company notifies the market that the issued share capital and voting rights of the Company, as at 28 February 2017, were as follows:
| Class of share | Total number of shares in circulation | Number of voting rights attached to each share | Total number of voting rights of shares in circulation | Number of shares held in treasury (carrying no voting rights attached until issued) | Total number of shares in issue |
| Ordinary 1p shares | 335,768,782 | 1 | 335,768,782 | 0 | 335,768,782 |
The above total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in GCP Student Living plc under the FCA’s Disclosure Guidance and Transparency Rules.
1 March 2017
For further information, please contact:
| Gravis Capital Partners LLP | +44 20 7518 1490 | |
| Tom Ward | [email protected] | |
| Nick Barker | [email protected] | |
| Dion Di Miceli | [email protected] | |
| Stifel Nicolaus Europe Limited | +44 20 7710 7600 | |
| Neil Winward | [email protected] | |
| Mark Young | [email protected] | |
| Tom Yeadon | [email protected] | |
| Buchanan | +44 20 7466 5000 | |
| Charles Ryland | [email protected] | |
| Vicky Watkins | [email protected] | |
About GCP Student Living plc
The Company was the first student accommodation REIT in the UK, investing in modern, purpose-built, private student residential accommodation and teaching facilities. Its investments are located primarily in and around London where the Investment Manager believes the Company is likely to benefit from supply and demand imbalances for student residential accommodation.
The Group has an estimated total asset value of c.£530 million including six standing assets, providing c.2,000 modern studios and beds, and one forward-funded development asset which will provide a further c.580 beds on completion.
The Investment Manager is currently reviewing and conducting due diligence on assets in the Company’s core markets totalling c.2,800 beds and in respect of which c.980 beds in and around London are under future contractual arrangements The Company's standing assets are primarily occupied by international students and offer high specification facilities and hotel-level concierge type services which the Investment Manager believes are attractive to overseas students.
Related Shares:
DIGS.L